NBA suspends Clippers owner Ballmer, fines team $30M, Kawhi Leonard $700K in cap circumvention case
WorldPing
Los Angeles Clippers owner Steve Ballmer was suspended for one year by the NBA, and the team was ordered to pay $30 million for violating salary cap circumvention rules in a case involving Kawhi Leonard.
This is a short WorldPing brief. The full report was published by NPR Top.
The NBA also fined the Los Angeles Clippers $30 million and said the team will forfeit five first-round picks, one in each year in drafts starting in 2029.
Brief by WorldPing · Original reporting by CNBC World